At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Get expert answers to your questions quickly and accurately from our dedicated community of professionals. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

In accounting practices, which principle requires businesses to record transactions at their original cost, rather than at fair market value?
A. Matching principle
B. Conservatism principle
C. Historical cost principle
D. Materiality principle